Word: commissioners
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Dates: during 1960-1969
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THIS outraged statement notwithstanding, Newark's business leaders had little reason to be shocked by last week's indictments. Crime and corruption have long been blatantly evident in what may well be the Mafia capital of the U.S. After the city's bloody 1967 race riot, for...
...birth of the Republic. A majority of seven members declared that they could not endorse a principle that may encourage anarchy. They suggested that a law should be obeyed, even if it may be unconstitutional, until a few citizens test the issue in the courts. Among the six commissioners who disagreed was Patricia Roberts Harris,* former U.S. Ambassador to Luxembourg. Mrs. Harris, a Negro, pointed out that blacks would have made little progress if they had relied on lawful tactics alone. "A nation whose history enshrines the civil disobedience of the Boston Tea Party," she said, "cannot fail to recognize...
Friedman's controversial opinions range far beyond his evaluation of the Federal Reserve. He propagates them tirelessly in books, in classrooms, in testimony before congressional committees, in private chats with policymakers, and in a triweekly column for Newsweek. Last week he left his Vermont mountaintop retreat, where he customarily spends...
(7 of 10) High-income people come off better. If you have property, you get the benefit of this, plus social security. The system redistributes income from the young (rich or poor) to the old (rich or poor). I think we ought to help the poor indiscriminately." GOVERNMENT PRIVILEGES. "All...
Faith in the free market has caused Friedman to condemn many Establishment institutions as monopolies. His targets include the New York Stock Exchange?in his view, a brokers' commission-fixing cartel?and the public-school system. He contends that the Government should issue vouchers that parents could cash at any...